PYTH funding rates
PYTH perpetual funding is currently quoted across 7 venues, ranging from -11.7% to +10.9% APR. The most reliable delta-neutral pairing for PYTH right now is long Kraken / short Variational at +9.8% net APR (high risk, ~4d to break even).
as of 2026-07-29 10:36 UTC
Best delta-neutral pairing
Long Kraken / Short Variational
+9.8% net APR
- Backtested (30d)
- -9.9%
- Stability
- 57%
- Risk
- high
- Breakeven
- ~4d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradePYTH funding by exchange
| Exchange | Funding APR |
|---|---|
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| Paradex | +5.50% |
| Lighter | +1.75% |
| dYdX | +0.00% |
| Kraken | -11.67% |
Frequently asked
What is the PYTH funding rate right now?
PYTH perpetual funding ranges from -11.67% to 10.95% APR across 7 exchanges we track; the widest delta-neutral spread is long Kraken / short Variational at 9.8% net APR.
Which exchange has the highest PYTH funding rate?
Hyperliquid currently has the highest at 10.95% APR. See the full ranking above.